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$974,000

Active
1312 Avenue R Avenue, Ottawa, ON· Eastway Gardens/Industrial Park
6
Bedrooms
3
Bathrooms
1100-1500
Sq Ft
$649–$885
Per Sq Ft
5
None Parking
51-99
Year Built

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About this Property

Attention investors & multi-generational families! This rare, turnkey raised bungalow duplex features a fully independent, detached in-law suite, offering an incredible opportunity for high cap rates, substantial cash flow, or premium co-living. Location is unbeatable: a 2-minute walk to the LRT plugs you directly into Ottawa's transit vein, reaching downtown Parliament, Ottawa U, and La Cité in less than 15 minutes. Daily errands are a breeze with Trainyards retail hub just a 10-minute walk away, putting every possible amenity at your doorstep. The Home features a bright 3-bed, 1-bath upper unit and a spacious 2-bed, 1-bath lower unit. The detached in-law suite offers a private, separate 1-bed, 1-bath layout with 36 Inch Doors and Walk in Shower. Extensive recent updates within the last year leave absolutely nothing to do: enjoy brand-new flooring, gorgeous quartz countertops, modern backsplashes, fresh paint, and updated lighting throughout. The exterior boasts a massive parking area for up to 5 vehicles and premium 50-year shingles for ultimate peace of mind and low maintenance reserves. Whether you are looking to house an extended family with total independence, live in one unit while letting tenants pay the mortgage, or add a high-yielding asset with multiple revenue streams to your portfolio, this property delivers on every front. Don't miss out on one of the city's most convenient transit-oriented pockets. Rents Unit A (Tenants Just vacated $2500+Hydro) Unit B ($2300+Hydro) Unit C ($1975-All Inclusive) Property operating at a 6.68% Cap Rate at asking Price. 24 Hour Notice for Showings and 24 Hour Irrevocable on All Offers.

Listed by BENNETT PROPERTY SHOP REALTY · MLS# X13159328

About Vanier

Urban Revitalizing · Avg $500K

Vanier is a compact urban neighbourhood located just east of the Rideau River from downtown Ottawa, undergoing a significant revitalization that has caught the attention of savvy buyers, investors, and first-time homeowners looking for affordable central living with strong appreciation potential. Once a separate francophone municipality before amalgamation, Vanier retains a distinctive French-Canadian cultural identity while embracing the multicultural diversity that has become one of its defining characteristics.

Avg Home Price$500K
Walk Score80
To ByWard Market10 min
Drive to Downtown8 min
View Full Vanier Guide

Features & Details

Property details of 1312 Avenue R Avenue, Ottawa, ON

Property TypeTriplex
StyleBungalow-Raised
Size1100-1500 sq ft
BasementFull, Finished
Total Parking5

Mortgage Calculator

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%
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Mortgage Payment$4,785/monthly
Principal54%
Interest46%
Principal Amount$779,200
Interest$656,291
Total Payable$1,435,491
Amortization25 years

* Estimate only. Consult a mortgage broker for accurate figures.

Cash Flow Analysis

Mortgage payment$4,785
Mortgage + Expenses$4,785
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$
$
$
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Monthly Cash Flow-$4,785

* Estimate only. Consult a mortgage broker for accurate figures.

5.0 · 70+ Google reviews
Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.

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